The ongoing Iran conflict is triggering severe economic shocks globally, with fuel prices skyrocketing, inflation rising, and millions of Overseas Filipino Workers facing job insecurity and safety concerns.
Global tensions in the Middle East are not just about military clashes—they directly impact Davao's gas prices, agricultural costs, and financial stability through oil markets and supply chains.
As ASEAN chair, the Philippines advocates to formalize the Geoeconomics Task Force into a permanent body, enhancing regional coordination amid global economic uncertainties and geopolitical tensions.
The IMF projects Philippine economic growth at 5.6% in 2026 and 5.8% in 2027, citing reforms and resilience. Managing Director Kristalina Georgieva highlights risks from Middle East tensions and calls for renewable energy investments.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
The Mindanao Alliance for Progress warns that Middle East conflicts could disrupt global oil markets, leading to higher fuel and commodity prices in the Philippines. They urge authorities to monitor prices and protect consumers from profiteering.
A total deployment ban on Overseas Filipino Workers in the Middle East could cost the Philippine economy over P226 billion, impacting remittances and national financial stability.
A DTI official highlights how Middle East conflicts and US-China trade tensions create openings to enhance trade policies, as the Philippines chairs ASEAN and hosts a key business forum.
The ongoing conflict between Iran and US-Israel threatens to exacerbate inflation, weaken the peso, and disrupt OFW remittances, potentially pushing the Philippines toward recession.
The Philippine Chamber of Commerce and Industry expresses grave concern over escalating Middle East military tensions, warning of severe impacts on oil prices, OFW remittances, and inflation in the Philippines.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
President Ferdinand R. Marcos Jr. emphasizes the need for intensified cooperation among ASEAN nations to restore the bloc's role as a global economic driver, focusing on strengthening internal supply chains during the Philippines' chairmanship.
President Ferdinand Marcos Jr. emphasizes the need for ASEAN nations to fortify supply chains and boost intra-regional trade, citing lessons from the COVID-19 pandemic and aiming to enhance economic resilience.
Global analysts project the Philippines could become one of the world's 20 largest economies by 2050, but political instability, corruption, education gaps, infrastructure bottlenecks, and climate vulnerability pose significant threats to this potential g
EU leaders agree to fast-track efforts to strengthen the single market, with a roadmap due in March and potential enhanced cooperation among at least nine member states if progress stalls.
APEC projects Asia-Pacific economic growth at 3.2% in 2025, easing to 3.1% in 2026, driven by resilient consumption and AI investment, but warns of trade fragmentation and geopolitical risks.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Singapore's economy expanded by five percent in 2025, slightly down from 5.3% in 2024. The Ministry of Trade and Industry has upgraded its 2026 growth forecast to 2-4%, citing a stronger global economy and resilient trade.
The British Chamber of Commerce of the Philippines calls on the country to leverage its ASEAN chairmanship to enhance regional economic integration, digitalization, and trade liberalization.
As the Philippines prepares to chair ASEAN meetings in 2026, a new PIDS study shows the country's economic integration has delivered benefits but faces persistent challenges in competitiveness, digital readiness, and inclusive growth.
The World Economic Forum's 2026 report reveals global cooperation is stable but changing, with climate action rising while peace efforts decline. Leaders must rebuild dialogue for shared challenges.
As 2025 ends, the global economy shows resilience despite U.S. tariff shocks. UNCTAD and IMF data reveal shifting trade patterns and China's stabilizing role. Discover the full analysis and 2026 outlook.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Japan unveils a massive 21.3 trillion yen stimulus to fight inflation and boost tech. How will this impact the global economy? Find out more.
Asia-Pacific remains world's most dynamic economic region. Expert reveals key drivers and challenges for sustainable growth. Discover how regional cooperation can secure future prosperity.
The Asia-Pacific Economic Cooperation revises its 2025 growth projection upward, citing resilient trade flows and booming technology sector demand across member economies.
Discover how the International Monetary Fund's new strategy for Asia combines deeper regional integration with boosted domestic consumption to create sustainable economic growth across the continent.
